BRC Retail Sales y/y reflect sales changes in 30 major categories of the UK retail sector in the given month compared to the same month of the previous year. The indicator includes data of enterprises that generate 60% of the UK retails sales.
It is an indicator of consumer demand. The indicator growth may have a positive effect on the pound quotes.
The chart of the entire available history of the "BRC United Kingdom Retail Sales y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.